Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611619
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹11,12,000
EMD:₹1,11,200
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a prime residential plot located in Jaitu, Faridkot, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a great opportunity for individuals looking to invest in real estate in this developing region. The plot is situated in a well-connected area with essential amenities nearby. Ideal for building a dream home or for investment purposes.
State:Punjab
City:Faridkot
Area:Jaitu
Asset Category:Residential
Full Address:Khasra No. 164//14/4/7-2, Khata No. 364/561 at Jaitu-2 as per Jamabandi Year 2014-15 situated at Baba Jeewan Singh Nagar, Tibbi Sahib Road, Jaitu, Baba Jeewan Singh Nagar, Faridkot
Size:264.55 sq. yds.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Jaitu, Faridkot, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is INR 11,12,000, with an Earnest Money Deposit (EMD) of INR 1,11,200 required to participate. This is a significant opportunity to acquire property through a transparent bank auction process.
Borrower Name:Smt. Amarjeet Kaur
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area of Faridkot, offered at a reasonable reserve price. While the location presents growth potential, potential buyers should carefully assess local market conditions. The investment is a calculated opportunity for those seeking affordable land in Punjab.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
